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Friday, February 4, 2011

Remittances and the economy

According to figures published today in Prensa Libre, remittances for January, 2011, are up 15.1% from a year ago (that is, from January, 2010). Total remittances for 2010 were up over 2009, but lower than 2008.

So, this bears closer analysis. It would be interesting to know (and very hard to document) whether this is because the average Guatemalan living overseas is sending more, or whether there are more Guatemalans abroad (i.e. higher average remittance, or just simply more people sending them).

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About Me

I am a U.S. college professor and researcher. During 2011 I lived in Guatemala, and my work focuses on the community radio movement, within the larger context of the struggle for indigenous rights in the face of a militarized neoliberal state.